Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
HYG vs XLB: how they differ
HYG and XLB hold 0% of their weight in the same names, and XLB returned more over the year.
iShares iBoxx $ High Yield Corporate Bond ETF and State Street(R) Materials Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, HYG and XLB hold 0% of their money in the same securities at the same weight.
| Only in HYG | Only in XLB |
|---|---|
| BLK CSH FND TREASURY SL AGENCY 0.68% | LINDE PLC 12.91% |
| 1261229 BC LTD 144A 0.56% | NEWMONT CORP 8.14% |
| MERIDIAN ARC HOLDCO LLC 144A 0.47% | FREEPORT MCMORAN INC 6.19% |
| PR RNO PROPERTY OWNER 1 LLC 144A 0.35% | CORTEVA INC 5.11% |
| WULF COMPUTE LLC 144A 0.29% | AIR PRODUCTS + CHEMICALS INC 4.78% |
| GALAXY HELIOS DATA CENTERS II LLC 144A 0.28% | ECOLAB INC 4.75% |
| PANTHER ESCROW ISSUER LLC 144A 0.28% | SHERWIN WILLIAMS CO/THE 4.70% |
| SV RNO PROPERTY OWNER 1 LLC 144A 0.28% | NUCOR CORP 4.59% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 10, 2026.
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | XLB State Street(R) Materials Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | State Street |
| What it is | US high yield bonds | Materials |
| Total return, 1 year | +2.9% | +12.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −14.6 pts | −5.5 pts |
| Expense ratio | 0.49% | 0.08% |
| Holdings | 1326 | 27 |
HYG in plain words
HYG is a bond fund tracking the US high yield bonds. Over the year to Sep 11, 2026 it returned +2.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.49% a year.
XLB in plain words
XLB is an index equity fund tracking the Materials. Over the year to Sep 11, 2026 it returned +12.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Sep 10, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 27 positions, with the top ten at 59.4%. It sat 5.1% below its high of Aug 26, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, HYG or XLB?
- In the year to Sep 13, 2026, with distributions reinvested, HYG returned +2.9% and XLB returned +12.0%, so XLB returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, HYG or XLB?
- HYG charges 0.49% a year and XLB charges 0.08%, so XLB is cheaper. Fees come from each fund's prospectus.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, HYG against XLB, data as of Sep 13, 2026. https://etfiq.com/compare/any/hyg-vs-xlb Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources